Business News
Sallie Mae plans to split into 2, names new CEO
Sallie Mae plans to split into 2 separate, publicly traded cos.; names Remondi as its CEO
Switzerland takes step to end tax dispute with US
Switzerland looks to settle US tax dispute by letting banks lift veil of secrecy
Unemployment rates fall in nearly all US cities
Unemployment rates fall in 92 percent of US cities in April, latest sign of widespread gains
Dow Jones average pulls back from latest record
Stock market pulls back as investors shift out of high-dividend stocks
EU eases pace of austerity to help economy
EU Commission recommends several member states to slow pace of austerity cuts to help economy
AP source: Obama picking Furman for economic post
AP source: Obama nominating Furman to a top White House economic post
Tax overhaul: IRS scandal could lead to changes
IRS scandal seen as possible jump-starter for efforts to rewrite, simplify tax laws
Service Corp. to buy Stewart for more than $1B
Service Corp. to buy Stewart Enterprises for about $1.1B in combo of funeral home operators
Prosecutor seeks jail time for Dolce, Gabbana
Milan prosecutor seeks jail time for designers Dolce and Gabbana in tax case
Russia's top court to hear Khodorkovsky's appeal
Russia's highest court to hear appeal by jailed oil tycoon Khodorkovsky and his partner
OECD: Europe remains threat to world economy
OECD warns Europe's economy to worsen this year, threatening global recovery
Finnair removes painting on plane over plagiarism
Finnish airline Finnair to paint over 1 of its planes' design due to plagiarism fears
Poland's Boeing 787s to resume flights on Saturday
Polish carrier LOT to resume flights of Boeing 787s on June 1 as it seeks more state aid
Wal-Mart to pay $81.6M for illegal waste disposal
8-year investigation ends with Wal-Mart pleading guilty to environmental crimes, paying $81.6M
ECB: Eurozone still 'fragile' as reforms lag
ECB says recent calm could be disrupted by market reversal, slow progress on improving growth
Stocks open lower on Wall Street
Stocks open lower on Wall Street; Dow falls back from record level
Oil falls to near $94 a barrel on ample supplies
Oil price falls to near $94 a barrel as supplies remain ample ahead of OPEC meeting
US stock futures decline after latest record
US stock market futures follow Europe down on concerns about Fed bond buying
Greece receives gloomy forecasts
Bank of Greece predicts 4.6 percent economic contraction in 2013, worse than other forecasts
Tightest job market ever for China's college grads
China's biggest graduating class enter what looks to be tightest job market as growth slows



